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Obama Talks about the US Auto Industry on 60 Minutes

Last night, President-Elect Barack Obama shared more of his thoughts about the suffering US auto industry on CBS 60 Minutes. He talks about, "creating a bridge loan to somewhere as opposed to a bridge loan to nowhere" so that the money does not keep GM, Ford and Chrysler in business just for another 6 months. Obama also reasserted that he is still focused on energy independence. See the interview below: